MARKHAM, ONTARIO, July 5, 2017 – Sangoma Technologies Corporation (TSX VENTURE:STC), a trusted leader in delivering Unified Communications solutions for SMBs, Enterprises, OEMs, and Service Providers, both on-premises and in the cloud, today confirms the closing of its acquisition of VoIP Supply LLC, as originally announced on June 20, 2017 https://www.sangoma.com/investor-relations/press-releases/.
“We are very pleased to have successfully closed this strategic acquisition as well as the financing that supports it,” said David Moore, Chief Financial Officer at Sangoma. “And we are delighted to welcome the staff, customers, and suppliers to the growing Sangoma family.”
VoIP Supply is one of the industry’s most successful, well known, and respected channel partners. Sangoma’s acquisition was performed via the purchase of all the membership interests in VoIP Supply LLC. VoIP Supply will remain under the leadership of its current President, Paula Griffo, providing stability and reassurance to its customers, employees, and suppliers. Ms. Griffo will report to Tony Lewis, COO at Sangoma. VoIP Supply will operate as a subsidiary of Sangoma with the appropriate autonomy, and will continue providing customers in North America with one-stop shopping for a complete range of telecom solutions from leading manufacturers, as it has for over 15 years.